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RE: Hate to use the word Oversold, but jeez, are we a bit oversold now.

in Cinnamon Cup Coffee • 2 years ago

The supply chain issues haven't been solved and things just keep getting worst. So I am not really surprised to see the market go down but the drop has been quite fast. It doesn't help that UST and LUNA had their peg broken.

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2 years ago in Cinnamon Cup Coffee by
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     2 years ago  

    It doesn't help that UST and LUNA had their peg broken.

    It is crazy how Luna fell from around $82.94 USD to less than one cent ($0.01 USD) in one week. It was $82.94 USD seven days ago (on 2022.05.06). Currently it is $0.005611 USD.

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     2 years ago  

    Thats definitely a wild drop in Luna. Went up quick, but an epic drop down. Not good for the whole ecosystem maybe, but we will keep rockin hopefully.